First Squawk
@FirstSquawk
Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics
Joined July 2015
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APPLE SEEKS U.S. APPROVAL TO SOURCE MEMORY CHIPS FROM CHINA’S CXMT: FT
Apple is seeking U.S. government clearance to purchase memory chips from Chinese DRAM maker CXMT, according to the Financial Times.
The move aims to ease supply shortages and rising memory chip costs driven by AI demand.
CXMT is on the Pentagon’s Chinese Military Company blacklist, making the proposal politically sensitive despite no current legal ban on purchases.
If approved, the deal could diversify Apple’s memory supply chain and reduce dependence on Micron, Samsung, and SK Hynix. (
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